The Avero Index

April 2017 Avero Index

The Avero Index is an indicator of year-over-year restaurant industry trends, specifically same-store sales performance. These trends encompass a group of restaurants representing different cuisines, venue types, and average checks, nationally and in the following markets: Atlanta, Chicago, Las Vegas, Los Angeles, New York, San Francisco, and Washington DC.

April 2017 Highlights:

Both NYC and Las Vegas saw negative weekend same-store-sales this April compared to last April. This difference is likely because Easter Sunday was in April in 2017 and March in 2016. Most families choose to stay home to celebrate Easter weekend, particularly lowering weekend tourism to Las Vegas, driving lower weekend sales.

Atlanta had the worst performance this month compared to the other cities examined in the Avero Index. This decrease is due to the massive fire and collapse of I-85 in Atlanta that has caused traffic nightmares throughout the city.

Washington continues to have positive YOY same store sales, the only city do so since August 2016.

Avero Index: National & Multi-City, April 2017

Avero Index: Atlanta, April 2017

Avero Index: Chicago, April 2017

Avero Index: Las Vegas by day of week, April 2017

Avero Index: Los Angeles, April 2017

Avero Index: New York City, April 2017

Avero Index: San Fransisco, April 2017

Avero Index: Washington DC, April 2017

Updated through April 30, 2017

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